I withdrew money from a traditional IRA from one company (A) to rollover into a ROTH IRA in another company (B). The 1099R from company A in box 7 states it is a 1 when in fact, it is actually a 2. Since I am under 59 1/2 years old, how do I keep from getting penalized? Company B said they file a 5498 with the IRA in May. How do I input all this correctly into Turbo Tax?
Thank you in advance for any help on this.
